1.55 Acre Transit Oriented Development site in Midtown, Atlanta
JLL, as exclusive agent to MARTA, is pleased to present this Offering to acquire lease-hold rights in 617 West Peachtree St NE, Atlanta, GA 30308, a parcel totaling 67,442 SF (1.55 acres) on the Northeast corner of North Avenue and West Peachtree Street in Midtown, Atlanta. MARTA requests development proposals for a Transit Oriented Development project to be built at the North Avenue MARTA Station which will include integration of the existing underground heavy rail station and street-grade
bus terminal.
bus terminal.
Opportunity to deliver a signature development project in Atlanta’s most active submarket.
- North Avenue Station is considered as an Urban Core Station, located on MARTA’s Red and Gold Lines.
- 5,240 average weekly boardings at North Avenue Station
- Development will create seamless integration with multi-modal transportation system
- The opportunity will be structured as a 99-year ground-lease, air rights lease or other mutually agreed upon structure
- Located in one of the most active development districts in the Southeastern United States; with $5 billion in new investment since 2000.
